Business briefs

EMI deal

Terra Firma chief Guy Hands has 12 days to per suade investors to ante up new money for EMI or risk losing control of the troubled music group, home to top acts such as Coldplay and Katy Perry.

Hands still needs to se cure the support of 75 percent of his fund’s 200 investors by May 14 for $68.2 million in commit ments to be drawn down .

More jobs

United States employers probably added jobs in April for the third time in four months, pointing to a recovery that is both broadening and gaining momentum, economists said before a government report this week.

Gem deal

Jeweler Zale Corp. has entered into exclusive talks with Citibank to renew their private- label credit-card ar rangement after it ex pires next year, and has won an extra month from Citibank to pay a penalty for low sales made on the cards.

Buffett on Ben

Warren Buffett praised Fed Chair Ben Bernanke yesterday and his efforts to restore the US econ omy. “There’s no one in the United States that I know of whom I would rather have running the Fed,” the Berkshire Hatha way chief said.